Redundancy, VSS, Lay offs Posted on May 27, 2015May 27, 2015 by Admin Speech by K.Somasundram, Assistant Secretary from MTUC, given in Labour Law Seminar held on Apr 10, 2015. Posted in Articles, Labour Law and tagged labour law, layoffs, Legal, LIFO Principle, Malaysia, minimum notice period, retrenchment, right sizing, VSS.